Cape Cod Beer, one of Massachusetts’ oldest craft breweries, is set to transition ownership to Mike McNamara, the owner of Hog Island Beer Co. This change comes as current owners, Todd and Beth Marcus, prepare to hand over their brewery, known for its Cape Cod Blondes and Reds, to McNamara through a newly formed holding company called Triton Beverage Group. This acquisition follows McNamara’s recent purchase of Mayflower Brewing Co. in Plymouth.
The decision to sell was not something the Marcus couple actively sought, but an appealing offer from McNamara prompted them to reconsider. They have indicated their intention to remain involved until the deal is finalized, a process expected to take around four months. Currently, the brewery employs over 20 staff members.
Beth Marcus expressed mixed feelings about the transition, acknowledging the joy of their community work and experiences at the brewery while feeling reassured about the future under McNamara’s leadership. The deal will broaden Cape Cod Beer’s distribution, previously limited to a close radius around its Hyannis location, by partnering with Sheehan Family Companies for statewide sales.
McNamara has reassured consumers that each brewery under his management will retain its unique identity and operations. He emphasized that the focus will be on enhancing their collective strengths rather than changing what makes each brewery special.
As the craft beer industry continues to consolidate, this acquisition reflects ongoing trends in the sector, where mergers enable companies to streamline operations, boost marketing capabilities, and adapt to evolving consumer preferences.
For further details, read more on Hog Island and Cape Cod Beer.
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